Net worth: $205,129!
This is my 10th net worth update. In july I had a 61 % savings rate!
Because my brokerage account is in NOK and not in US Dollars, the numbers fluctuate a lot every month because of currency changes.
As you can see on the screenshot below, my portfolio was down -0,74 % (aprox. -$1,200), which doesn’t scare me at all.
Actually I thought the market was a lot more down than that!
Since the beginning of my index investing journey (january 2018), my portfolio is up 9,66 %.
These are the funds that I’m invested in.
In total my portfolio is exposed aprox. 70 % to MSCI World and 30 % to MSCI Emerging Markets.
My volatility for the portfolio is aprox. 11% for the last 12 months.
If I were to quit investing today (which I obviously wont), I would have earned $13,478 (121,330 NOK).
Income, Expenses And How Much I Can Withdraw According To The 4%-rule
It’s motivating to see that I can safely withdraw $566,8 every month for the rest of my life.
I will do everything I can to raise this dollar amount in the future.
This means my monthly FI money goal is $2,000 USD each month. I’m over 1/4 to my goal and it feels great!
Recently I wrote a detailed post on how I will reach a 600.000 $ net worth in only 5 years.
Total Net Worth
I made this 16-pages FREE workbook with the steps I’ve taken on my path to Financial Independence.
Having a goal written down with a set date for accomplishment gives you something to plan and work for.
It’s 7 lessons and I hope you enjoy it!
After you’ve signed up, you will recieve the book right away.